strong buy
Bitcoin's Volatility Lowers as It Gears Towards Becoming a Base Currency
Charles states that the largest price drop for Bitcoin in this cycle has been only 33%, which is considerably lower than typical historical declines. He suggests that the multi-year downward trend in volatility is expected to persist until Bitcoin becomes the underlying currency.
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AI Analysis
The observation that Bitcoin experienced only a 33% decline during this cycle, compared to historic norms, suggests a period of relative stability in its price movements. This could be attributed to b...
AI Recommendation
Given the analysis, investors might consider holding Bitcoin as it appears to be stabilizing, which indicates a potential shift towards becoming a fundamental currency. This trend could reduce risk ex...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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partial sell